A recent flood in Queensland has destroyed much of the farmland used to cultivate bananas and tomatoes that lies in fertile regions near the rivers.Describe the effect of the flood on the marginal productivity of land, labour and capital.How would the flood affect the price of inputs? Provide some examples.

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The Answer of A recent flood in Queensland has destroyed much of the farmland used to cultivate bananas and tomatoes that lies in fertile regions near the rivers.Describe the effect of the flood on the marginal productivity of land, labour and capital.How would the flood affect the price of inputs? Provide some examples.

A Recent Flood in Queensland Has Destroyed Much of the Farmland